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Esplanade mall revitalization could spur new development in Kenner

Acting Kenner Mayor Michael Sigur said Pacific Retail provided assurances it would aid the development of a 265-unit, high-end apartment complex next to The Esplanade that has been on hold because Simon delayed granting access to mall's ring road.

Acting Kenner Mayor Michael Sigur said Pacific Retail provided assurances it would aid the development of a 265-unit, high-end apartment complex next to The Esplanade that has been on hold because Simon delayed granting access to mall's ring road.

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Updated: 6:29 PM CDT Sep 20, 2016

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WEBVTT >> I AM ALWAYS SWEATY. I HAVE BEEN SWEATING SINCE I WAS A BABY. NATALIE: RIVER RIDGE RESIDENT COREY KEIGLER SAYS HE'S LOOKING FORWARD TO A REVITALIZATION OF THE ESPLANADE MALL, A SHORTER DRIVE FROM HIS HOUSE AND A COOL PLACE TO HANG OUT AWAY FROM THE HEAT. >> I JUST BOUGHT ME SOME LOOP EARRINGS, THEY WERE ON SALE. >> THIS MALL HAS BEEN AN ECONOMIC ENGINE FOR US. WE HAVE OVER THE LAST SEVERAL YEARS, SEEN A LITTLE DEMISE IN OUR SALES TAXES, BUT JUST FROM THIS LOCATION. NATALIE: ACTING MAYOR OF KENNER MIKE SIGUR SAYS DESPITE REVENUE FROM THE ESPLANADE MALL SLOWING DOWN IN RECENT YEARS, OVERALL, SALES TAXES HAVE INCREASED. AND A CHANGE IN OWNERSHIP FROM THE SIMON GROUP TO PACIFIC RETAILER CAPITAL PARTNERS COULD BRING IN A LOT OF EXTRA CASH REVENUE TO THE CITY. >> THERE'S A MARKET HERE IN THE CITY OF KENNER BECAUSE OF OUR PROXIMITY TO THE INTERSTATE AND CATCHING THE COMMUNITIES LIKE LAPLACE, RESERVE, GARYVILLE UP NORTH, THAT THEY WILL TAKE THIS RIDE TO THIS MALL INSTEAD OF HAVING TO GO DOWN TO CLEARVIEW, LAKESIDE. NATALIE: AMONG THE THINGS BEING PROPOSED, INCLUDE A NEW HIGH-END APARTMENT COMPLEX, AND AN OUTDOOR OUTLET SHOPPING CENTER, . JEFFERSON PARISH PRESIDENT MIKE YENNI SAYS THE GOAL IS TO CATER TO MILLENIAL-AGED CONSUMERS. >> THEY SHOULD BE PUTTING A LOT MORE DOORS ON THE OUTSIDE BECAUSE PEOPLE JUST WANT TO RUN IN AND THEY WANT TO RUN OUT. THAT'S THE NEW NORM THAT WE ARE ALL STARTING TO GET USED TO. SO I THINK WE HAVE A CHANCE TO GET SOME BETTER STORES, SOME RESIDENTIAL IN THAT AREA, AND POSSIBLY EVEN SOME BUSINESSES SO

Esplanade mall revitalization could spur new development in Kenner

Acting Kenner Mayor Michael Sigur said Pacific Retail provided assurances it would aid the development of a 265-unit, high-end apartment complex next to The Esplanade that has been on hold because Simon delayed granting access to mall's ring road.

Acting Kenner Mayor Michael Sigur said Pacific Retail provided assurances it would aid the development of a 265-unit, high-end apartment complex next to The Esplanade that has been on hold because Simon delayed granting access to mall's ring road.